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9 Types of Insurance You Need to Protect Your Contractor Business

Construction Marketing

Between the potential for accidents and injuries on the job site and the risk of lawsuits, it’s important to have insurance to protect yourself from financial losses, but what kind of insurance do you need? Here’s an overview of the most important types of insurance for contractors. General Liability Insurance.

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What Is an Insurance Endorsement? A Contractor’s Guide

Levelset

When working in construction, your insurance policy gets issued as a fairly standard contract. At the core, you have property coverage for your tools and equipment, along with a liability component that protects your financial assets in case there’s a work-related accident or injury that you may have some responsibility for. .

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Finding the Equipment Management Sweet Spot

Viewpoint Construction Technology

Capturing accurate equipment information is a challenge that many contractors face. Data collection and analysis has traditionally been a manual process, and many times information would slip through the cracks leading to equipment being poorly maintained, overused or even retired before necessary.

Equipment 139
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Travelers Insurance Wants to Pay You to Use Procore

Construction Junkie

For years, I’ve been saying that using a cloud-based project management software should be a no-brainer for any construction company. Well, now at least one insurance company believes that, as well. will begin offering their customers a 20% discount of their first year of Procore , the popular construction management software.

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Top 2023 Security Trends For Construction Site Security

Construction Marketing

Are you ready to equip your construction site with top-tier security solutions? In addition to allowing for remote operation, cloud-based surveillance has open API integrations that allow you to integrate video analytics software. Suppose the software spots anomalous data or a potential security threat.

Security 278
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The Science of Heavy Equipment Management – Part 1: Rate Splits

Viewpoint Construction Technology

Burrows Professor Emeritus of Construction Engineering at Virginia Tech and is author of Construction Equipment Economics , a handbook on the management of construction equipment fleets. His ideas and methods regarding the management of heavy equipment are, in my opinion, the gospel for the industry. Owning Rates.

Equipment 191
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The Role of Construction Software Technology in Mitigating Risk

Viewpoint Construction Technology

It can range from planning and estimates to time-line issues; poor organisation of manpower and processes; inefficient project management tools (such as field management software ); lack of contingency plans for bottlenecks and project disruption; and perhaps most worrying, the use of undocumented or unsanctioned methodologies between teams.

Risk 130